Market briefing

Thailand

At 8th place, Thailand ranks in the bottom half of the Asian Digital Transformation Index, behind the region’s more technologically developed countries but ahead of India, the Philippines, and Indonesia. Multiple weaknesses weigh the country down in all three pillars of the Index—digital infrastructure, human capital and industry connectivity. Anecdotal evidence suggests that network and other digital infrastructure has improved in recent years, as has support for technology entrepreneurs. Like their neighbours in South-East Asia, Thailand’s businesses are constrained by shortages of skilled digital and other technology talent. The digital transformation environment has also suffered from inconsistent government support for, and policies toward, digital development.

At 8th place, Thailand ranks in the bottom half of the Asian Digital Transformation Index, behind the region’s more technologically developed countries but ahead of India, the Philippines, and Indonesia.